This property looks like a bad Long-Term investment with a projected -18.86% first-year return on $158k initial cash invested.
-18.86%
Cash On Cash
2.95%
Cap Rate
0.45
DSCR
$4,296
Rent
-$2,484
Cashflow
Cash Flow
$4,296 income − $6,780 expenses = $2,484 out of pocket
Investment Breakdown
|
Purchase Price
$753k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$151k
Closing costs
1%
$7,528
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,296
Total Expenses
$6,780
Mortgage P&I
96%
$4,117
Property Taxes
23%
$985
Home Insurance
6%
$275
HOA
7%
$285
Property Management
10%
$430
CapEx
5%
$215
Vacancy
6%
$258
Maintenance
5%
$215
Other
0%
$0